Data: The BTC options market shows a 25% probability of reaching $84,000

Bitcoin returned above $78,000 on Friday, with a 15% increase over the past 30 days, but the derivatives market remains cautious about further rises.

Data from Deribit shows that the trading price of the BTC call option with a strike price of $84,000 is 0.0136 BTC (approximately $1,063), with an implied probability of only 25% for Bitcoin to rise 8% to that price level by the end of May.